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Washington Trust Bancorp WASH Banking — Expenditures for long-lived assets

Other segment segments

Wealth Management Services
$25K+92.3%

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Other financials

Income statement

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Revenue$60.5M+11.4%
Net income$16.0M+20.7%
EPS (diluted)$0.83+22.1%

Balance sheet

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Cash & equivalents$127.4M-24.0%
Total debt$37.9M-1.0%
Total equity$553.5M+4.9%
Total assets$6.5B-2.9%

Cash flow

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Operating cash flow$23.1M+104%
CapEx$1.1M+171%
Free cash flow$22.0M+101%

Valuation

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Market cap$741.04M+40.2%
Enterprise value$651.58M+63.3%
P/E13.4×
P/S3.2×

Profitability

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Net margin23.7%
FCF margin41%

Returns & leverage

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Return on equity10.2%+7.7pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Washington Trust Bancorp in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: Washington Trust Bancorp’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 10:23 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000737468-26-000114
(Dollars in thousands) / Three months ended June 30,Banking / 2026Banking / 2025Wealth Management Services / 2026Wealth Management Services / 2025Consolidated Total / 2026Consolidated Total / 2025
Total noninterest expenses31,00028,5127,5978,01838,59736,530
Income before income taxes16,45314,7933,8152,34020,26817,133
Income tax expense3,4263,2838616054,2873,888
Net income$13,027$11,510$2,954$1,735$15,981$13,245
Supplemental Information:
Total assets at period end$6,484,406$6,683,840$63,498$61,327$6,547,904$6,745,167
Expenditures for long-lived assets1,06038825131,085401
Depreciation expense (1)7457907086815876

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's banking — expenditures for long-lived assets?
Washington Trust Bancorp (WASH) reported banking — expenditures for long-lived assets of $1.06M in Q2 2026.
How has Washington Trust Bancorp's banking — expenditures for long-lived assets changed year-over-year?
Washington Trust Bancorp's banking — expenditures for long-lived assets increased by 173.2% year-over-year, from $388K to $1.06M.
What is the long-term trend for Washington Trust Bancorp's banking — expenditures for long-lived assets?
Over 4 years (2021 to 2025), Washington Trust Bancorp's banking — expenditures for long-lived assets has grown at a -10.9% compound annual growth rate (CAGR), from $3.25M to $2.04M.
What does banking — expenditures for long-lived assets mean?
This metric represents the cash outflows used by the banking segment to acquire or improve long-term physical assets, such as property, equipment, and technology infrastructure. It reflects the segment's ongoing commitment to capital investment necessary to support operational capacity and service delivery. Monitoring these expenditures helps investors assess the segment's growth strategy and the intensity of its capital requirements.

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